Thursday, February 07, 2013

Outlook for 8th February 2013



Market has becomes somewhat oversold and may take a small counter rally from here. But as overall trend of the market is down, so the readers may stay out of the market and wait for it to come in uptrend.

___________________________________________________________

 

Percentage above support

Percentage of stocks above support is still below 50%, so the readers may not create long positions in cash market till the percentage above support remains below 50%.

________________________________________________________________ __

Strong Futures

This is list of 10 Strong Futures: Suzlon, Adani Ports, PFC, DLF, Zeel, IOC, NHPC, Sun TV, TCS & MC Dowell.

Weak Futures

This is list of 10 Weak Futures: Opto Circuits, HDIL, IVRCL Infra, JP Associat, ALBK, UCO Bank, JP Power, Jain Irrigation, Raymond & Andhra Bank.

_________________________________________________________________

 

Disclaimer: crnindia.com does not warrant or make any representations regarding the use or the results of the use of the materials in this site or other sources in terms of their correctness, accuracy, reliability, profit, or otherwise. crnindia.com does not guarantee the accuracy or completeness of any information and is not responsible for any omissions. crnindia.com clearly states that it has no financial liability whatsoever to any user on account of the use of information provided on the website or email.

________________________________________________________________

No comments: